Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion targeted by Saudi Arabia’s crown prince but still vying for the title of the world’s biggest IPO.
However, Aramco cannot sell the shares directly to investors in the US and other markets as the IPO will now be restricted to Saudis and foreign institutions that can invest in shares in the kingdom’s stock market.
Bu hikaye The Hindu Business Line dergisinin November 18, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin November 18, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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